---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-013232"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-03-17T23:59:59+00:00"
generated_at: "2026-06-26T22:03:42.681486+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics enters $30M secured revolving credit facility with JPMorgan

## Summary
- Three-year multicurrency revolver; initial capacity $30M, expandable to $50M.
- As of March 17, 2022, $5M drawn; proceeds for working capital and general corporate purposes.
- Interest rates: base rate + 1.00%-1.50% or adjusted SOFR/EURIBOR + 2.00%-2.50%, depending on leverage.
- Facility matures March 15, 2025; secured by substantially all personal property of borrower and guarantors.
- Contains customary covenants, including total leverage ratio maintenance.

## SEC filing metadata
- accession: 0001213900-22-013232
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-03-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000121390022013232/0001213900-22-013232-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000121390022013232/ea157026-8k_griddynamics.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-013232
- JSON: https://secwatch.observer/filing/0001213900-22-013232.json
- Plain text: https://secwatch.observer/filing/0001213900-22-013232.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.